Home Equity Loan and Line of Credit Payment Options
Making payments toward your State Farm Bank Home Equity Loan or Line of Credit is fast and easy. And best of all, we give you lots of ways to pay. From online payments with – or without – a State Farm Bank account, to payments over the phone or by mail. You're always in control.
Using Your State Farm Bank Account
Use your State Farm Bank Checking, Interest Checking or Money Market account to make payments, set up automatic payments or make principal only payments toward your Home Equity Loan or Line of Credit. And if you want to pay a little extra each month to pay your loan off early, you can do that too!
Simply log in and click the "Transfer Funds" tab at the top of the page to get started.
Don't have a user ID and password? Register to manage your accounts and make payments online.
Using an Account at Another Bank
Don't have or don't want to use a State Farm Bank Checking, Interest Checking or Money Market account? Relax. You can still make home equity loan and line of credit payments online from an account at another bank.
Log in to your State Farm Bank account and click the "Make a payment" button. Then click "Pay" to the right of your loan account number to begin. Don't see the bank account you'd like to use? Select "Add a Payment" and provide the bank's information. Or visit the Add a Payment Method page for more information.
Pay Using Your State Farm Loyalty Rewards® Points
You can apply your State Farm Loyalty Rewards points* toward your home equity loan and line of credit. Just log in to your account and click "Redeem State Farm Points" under the credit card. Or call 877-SF4-VISA (877-734-8472).Learn about Loyalty Rewards
*You must have at least 2,500 points to make a redemption and you cannot apply points to your bill if it's less than 5 calendar days before the due date.
Pay By Mail
Home Equity Loans
Home Equity Lines of Credit
Overnight Mail, Payments with Special Instructions and Payoffs1
Pay By Phone
Use our Interactive Voice Response system to make a home equity loan or line of credit payment by phone, or one of our representatives can assist you. There's no fee if you're paying from a State Farm Bank Checking, Interest Checking or Money Market account.
To set up automatic home equity loan and line of credit payments using a State Farm Bank account, or an account at another bank, complete and mail the Automatic Payment Plan [PDF-649.5KB] form along with a voided check or savings deposit slip to this address:
You don't need to send a voided check or deposit slip if you're paying with a State Farm Bank deposit account, and we'll stop your automatic payments when your loan is paid in full.
Additional Payment Options
- Western Union: Call 877-734-2265 for Western Union instructions
Western Union service fees may apply
- MoneyGram: Call 877-734-2265 for MoneyGram instructions
MoneyGram service fees may apply
- Wire transfer: Call 877-734-2265 for wire instructions
Fees may be assessed by originating financial institution
Want more information? Visit our Account Help page.
1 If you want to pay your loan in full, you will need the Payoff Amount. The Payoff amount includes accrued interest and outstanding fees. Payoff information is available under Account Access or you can call the Bank Response Center at 877-SF4-BANK (877-734-2265). IMPORTANT: Loan Balance is not the same as the Payoff Amount. Using the Loan Balance may result in additional interest charges and could delay the lien release. The payoff amount may change if there are additional fees such as late fees that accumulate during the quoted period, a Prepayment Penalty (Vehicle/CD Secured), or an Early Closure Fee (Home Equity). The payoff amount may also be affected if the account has payments reversed or payments in process such as ACH, bill pay, online, or mailed payments.
2 Interest will accrue on the unpaid principal balance.
State Farm Bank, F.S.B., Bloomington, Illinois ("Bank"), is a Member FDIC and Equal Housing Lender. NMLS ID 139716. The other products offered by affiliate companies of State Farm Bank are not FDIC insured, not a State Farm Bank obligation or guaranteed by State Farm Bank, and may be subject to investment risk, including possible loss of principal invested. The Bank encourages any interested individual(s) to submit an application for any product(s) offered by the Bank. We also encourage you to obtain information regarding the Bank's underwriting standards for each type of credit or service offered by visiting statefarm.com or by contacting the Bank at 877-SF4-BANK (877-734-2265). Callers who are hearing or speech impaired should dial 711 or use a preferred Telecommunications Relay Service. To apply for a Bank product, you may also see your participating State Farm agent.